Share to Twitter Share to Linkedin Every market selloff presents opportunities. The iShares Emerging Markets ETF EEM is down -17% year-to-date. Even though Emerging Markets are notoriously volatile, this region is attractive due to its outsized growth potential. According to Lazard Asset Management , Emerging Market (EM) economies are responsible for about 60% of global growth, yet only represent about 13% of the MSCI All Country World Index ACWI . This gap won’t disappear overnight, but it bodes well for EM’s long-term investment prospects. EM has faster economic growth due to relatively attractive demographics and ongoing urbanization. If you’re a long-term investor, adding emerging markets exposure may also prove timely. Below is a chart of the MSCI Emerging Markets Index compared to the S&P 500 Index, expressed as a ratio. When the line is rising, it means Emerging Markets are outperforming US stocks. When the line is falling, it … [Read more...] about 3 Emerging Markets Stocks That Are Secular Winners On Sale
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LIC shares tumble in market debut after record India IPO
- A + A MUMBAI (May 17): Shares in Life Insurance Corp of India (LIC) slid nearly 8% on its market debut on Tuesday, a fresh setback for the state-owned giant as its record-breaking, oversubscribed initial public offering (IPO) raised far less than expected for the government. India's biggest insurer and largest domestic financial investor closed at 875.25 rupees, compared with the IPO price of 949 rupees. LIC now has a market value of around 5.54 trillion rupees (US$71.54 billion) and is India's fifth-biggest company. The share-price decline reflects weak overall market sentiment and a slump in the broader market since LIC's IPO opened for subscription on May 4, analysts said, even as the blue-chip NSE Nifty 50 index closed up 2.6% on Tuesday. "We were not expecting a big listing as markets were jittery, expect it to pick up," LIC's chairman M R Kumar told reporters. The government, which had positioned the sale as the first and biggest of a wave of … [Read more...] about LIC shares tumble in market debut after record India IPO
Quick commerce market faces some fast facts
Image Source: ShutterStock “The work is tough, especially during the day due to the current heatwave. Moreover, customers often call and demand we pick up other things on the way. It takes time to complete a delivery and receive good ratings. It is not a job of 10-15 minutes. The quality of service degrades if one is in a hurry,” said a Mumbai-based delivery executive. He usually delivers 10-20 orders a day. Another executive, based in Gurgaon, outside Delhi, said, “Delivering was my choice, as I had to run a household also. But a 10-minute delivery adds to my stress. I only rush when I want to pick more orders, otherwise I avoid doing so.” Both executives asked that they not be identified. Lakhs of such executives are working around the clock to deliver orders in the promised 10-20 minutes. It has been some time coming but over the last month or so, the quick commerce space has seen a swirl of activity. From restaurant aggregator Zomato’s 10-minute delivery and grocery … [Read more...] about Quick commerce market faces some fast facts
Earnings Preview: What To Expect From Target On Wednesday
Share to Twitter Share to Linkedin Target TGT Inc. is scheduled to report earnings before Wednesday’s open. The stock hit a record high of $268.98/share in 2021 and is currently trading near $219/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting: Gallery: Target's Collaborations 5 images View gallery Earnings Preview: The company is expected to report a gain of $3.02/share on $24.42 billion in revenue. Meanwhile, the so-called Whisper number is a gain of $3.10/share. The Whisper number is the Street's unofficial view on earnings. A Closer Look At The Fundamentals: The company’s earnings and sales have been growing in recent quarters but the rate of growth has been decelerating which does not bode well for the … [Read more...] about Earnings Preview: What To Expect From Target On Wednesday
Conviction Is The Enemy Of Performance
Share to Twitter Share to Linkedin In the initial phase of my career, I worked as a sell-side corporate bond trader. Trading ultimately proved not to be my true calling, but I generated consistent profits with a simple method: Buy on the bid side, sell on the offered side. Under the tutelage of experienced traders, I learned to spot market imperfections that sometimes enabled me to improve on the basic formula by buying below the bid side or selling above the offered side. There were other voices, though, lecturing me on the vital necessity of “having conviction.” Translation: You are morally obligated to decide which way the market is heading in the short run and load up your inventory accordingly, i.e., with either long or short positions. The individuals most insistent on this point were a few interdealer brokers. These intermediaries, most of whom were on a spectrum from harmless to genuinely helpful, earned one-eighth-of-a-point commissions by … [Read more...] about Conviction Is The Enemy Of Performance
Top 5 Most Critical CMO Priorities For B2C Brands
Share to Twitter Share to Linkedin We have fresh data from Forrester’s Q2 B2C Marketing CMO Pulse Survey, 2022 — a cross-industry survey among 153 US B2C marketing executives, VP and above, at brands with at least 500 employees. We provided a list of 13 trending marketing priorities and asked respondents to indicate the degree to which each is a priority (critical, high, moderate, low, or “not on their agenda”) for their marketing department during the remainder of 2022. The results are in, and the top five priorities that were rated “critical” most often are: 1. Focus On Employer Branding And The Employee Experience Acquiring and retaining high-performing talent is incredibly challenging right now, making it front and center to the CEO’s agenda. And CMOs have an important role to play as employer branding is increasingly powered by marketing. Why? Because traditional brand strategy is the bedrock of employer brand strategy. This requires emboldened CMOs … [Read more...] about Top 5 Most Critical CMO Priorities For B2C Brands
How To Buy Bitcoin At 26% Off The Regular Price
Share to Twitter Share to Linkedin Here’s a scorecard on eight ways to own crypto. The most intriguing: a low-cost coin trust available at a nice discount. Are you interested in virtual currency, now trading at half the price it had last fall? Shop around. Among the many ways to get a piece of the action, there are wide differences in ownership costs. My favorite: a somewhat obscure bitcoin trust to be found in Fairfield, Connecticut. There are pros and cons to every means of getting cryptocurrency exposure, including the little outfit in Fairfield. This survey covers eight bitcoin bets in descending order of my views on their desirability. You may have a different ranking, especially if you are speculating on a quick turnaround. #1. Osprey Bitcoin Trust This quasi-fund (ticker: OBTC), created a little over a year ago, is a knockoff of the much better-known Grayscale Bitcoin Trust. Both trusts are closed-end, in that investors have no right … [Read more...] about How To Buy Bitcoin At 26% Off The Regular Price
Surprising Truths About The Great Resignation And Retaining Talent
Share to Twitter Share to Linkedin Many articles now plaster the business media with news about the Great Resignation where employees see a hot labor market today and decide to go after a better situation for themselves. At Everest Group, we gathered empirical evidence from employees in many companies and compared that data with our findings from discussions with C-suite executives in leading organizations. Our study yielded both surprising and unsurprising findings. The biggest surprise is the significant gap between the reasons why employees move to other companies and what employers now do to try to retain them. The money picture Let’s start with data around why people leave their jobs and move to another company. It’s unsurprising, to say the least. They leave because they can get paid a lot more somewhere else – not a modest amount more – a lot more. What is surprising is the order of magnitude that this is happening and the amount of the … [Read more...] about Surprising Truths About The Great Resignation And Retaining Talent
Rising Credit Costs, Transaction Prices Slamming Auto Affordability, EV Adoption
Share to Twitter Share to Linkedin Monthly auto loan payments are at historic highs, transaction prices continue to climb and sticker prices are losing their relevance as car shoppers' wallets are being walloped by the effects of the Covid-19 pandemic including thin inventories, rising inflation and interest rates. Those conditions are dampening overall auto sales, but especially adoption of electric vehicles. It's not all bad news. Trade-ins are fetching lucrative payouts from dealers desperate for anything to sell, especially in-demand late model pickup trucks and SUVs. On the credit side, consumer load shows no sign of retreat. According to the Q1 2022 TransUnion TRU Credit Industry Insights Report released last week the average balance of new auto loans reached $28,415 in the first quarter of this year. That's a year-over-year increase of 15.2%. “This has pushed the average monthly payment of vehicle purchases (including both new and used … [Read more...] about Rising Credit Costs, Transaction Prices Slamming Auto Affordability, EV Adoption
How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes
Share to Twitter Share to Linkedin A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. This article explores the DeFi ecosystem and how fraudsters are able to exploit it to steal from crypto newbies. DeFi is a broad term for financial infrastructure and financial services provided on public blockchains via smart contract technology. Ether ETH eum, Binance Chain, Cardano ADA , and Solana SOL are among the most popular smart contract blockchains, allowing developers to create dApps (decentralized applications) on their network. These dApps can be used for a variety of purposes, but the majority of them are financial in nature, giving rise to the term "DeFi." DeFi development has progressed to the point where token creation templates exist, allowing anyone to create a token in a matter of minutes without any programming knowledge or experience. This opens the door to a Pandora's … [Read more...] about How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes